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Thu 01 Jan 2009Microsoft to shed 5000 jobs worldwide
Microsoft announced this afternoon that it is to cut up to 5,000 jobs worldwide, including what it said was a "small number" of jobs in Ireland after posting worse than expected profits.
The software maker, which employs nearly 2,000 people in Ireland including about 700 people on contract, posted a profit of $4.17 billion, or 47 cents per share, in its fiscal second quarter ended December 31st, versus a profit of $4.71 billion, or 50 cents, a year earlier.
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